Tag Archives: Production

APTMA extends support in research to boost cotton production

APTMA extends support in research to boost cotton production

ISLAMABAD – The All Pakistan Textile Mills Association (APTMA) has offered to finance local research institutions for boosting the country’s annual cotton output from 11 million bales to over 16 million bales, an official source said.
This was offered by representatives of APTMA, Gohar Ijaz and Shahzad Ahmed Khan, at the first meeting of the cotton committee. The committee is required to recommend ways for increasing cotton output. The meeting was chaired by former minister for

Khosa confident of achieving cotton production target

LAHORE – A number of challenges need to be immediately addressed for fully exploiting the potential of “white gold” and we possess the ability to increase cotton production and achieve the 15 million bales target, said Punjab Chief Minister Senior Advisor Sardar Zulfiqar Ahmed Khosa. He was addressing inaugural session of the fifth meeting of Asian Cotton Research and Development Network on Wednesday.
He inaugurated the conference on behalf of Punjab Chief Minister Shahbaz

Truck production slides 12.20pc

KARACHI – Cumulative trucks production has undergone a decline of 12.20 percent, while their sales have dwindled 16 percent in the first seven months of the financial year 2010-11.
Data released by the Pakistan Automotive Manufacturers Association (PAMA) has revealed that sales of Hino fell 19 percent, while sales of Nissan and Isuzu registered a decline of nine percent and 31 percent respectively in the said period. Sales of Master exhibited a rising trend, growing at 18

ECC assured car import policy will not hinder production

ISLAMABAD – The Economic Coordination Committee of the Cabinet (ECC) was informed that there would be no negative impact of the recent decision on the manufacture of local cars permitting the import of vehicles up to five years old.
The Finance Minister Dr Abdul Hafeez Shaikh chaired the meeting of the committee. An official source informed that the details provided to the committee said that the import of vehicles up to five years old was allowed in fiscal year 2007-08 in which

– production declines in first 5 months of FY11

ISLAMABAD – Production of petroleum products witnessed a decline of 10.62 percent during the first five months of the current fiscal year and increased by 3.15 percent in November 2010 over the same month of last year. Most of product categories showed a fall in production excluding lubricating oil and solvent naptha, production both of which increased by 2.42 percent and 23.68 percent respectively in July-November (2009-10) against the corresponding period of last year, according to

Production of cars, electric appliances up

ISLAMABAD – Although the overall Large Scale Manufacturing (LSM) growth witnessed a downturn of 2.30 percent during the first five months of the current financial year; the production of several electric appliances and light weight automobiles actually rose.
The production of jeeps and cars has gone up by 16.42 percent by growing from 47,034 vehicles in July-November (2009-10) to 54,755 vehicles in July-November (2010-1011), according to data provided by the Federal Bureau of

Kalabagh Dam vital to improving power production

LAHORE: The former LCCI senior vice president Abdul Basit, who is also former chairman of the Poultry Association, has urged the government to initiate work on mega water projects including Kalabagh Dam if it wants to save the country from turning into a desert.
Speaking at a seminar on water shortage and its impact on coming generations, the former LCCI Senior Vice President spoke his heart out and alleged that enemies of Pakistan were spending all energies to push Pakistan on

KESC to drop production due to low quality fuel supply

KARACHI: Karachites would face further load shedding as a power generating unit of Karachi Electric Supply Company (KESC) has been closed for, what the sources said, burning of furnace oil of “below specification”, supplied by a private oil company.
KESC is relying on a private oil supplying company ‘Byco’ to meet its additional fuel needs. The furnace oil supplied by the company, sources claimed, was not up to standard, causing the closure of a unit of KESC at Korangi. Due to

Country’s largest steel mills to start production in March

KARACHI: “We currently are in the cold commissioning phase; our project will then enter the hot commissioning phase. In March 2011, our plant will commence production with an expected output of 1.28 million tonnes per annum solely reliant upon local raw materials,” told TSML Director (Projects) Zaigham Adil Rizvi in an exclusive interview to Pakistan Today.
He revealed that the TSML complex is spread over an area of 220 acres at Bin Qasim and employs the world’s most advanced

Rishi welcomes joint production with Pakistan

NEW DELHI: Veteran Indian film actor Rishi Kapoor, who is planning to revive the RK Banner, has said that he welcomes the idea of joint film production with Pakistan.
“We welcome joint productions with Pakistan and work in healthy conditions, provided we have a good script and a good story to tell. Pakistan has some great talent and great people,” said Rishi while speaking at the HT Leadership Summit.
He was accompanied by his actor son Ranbir. Rishi worked with Pakistani

POL to benefit the most from Tal block production

KARACHI: Pakistan Oilfields Limited (POL) will be the chief beneficiary by dint of its low equity and production base as it has a 21 percent stake in the Tal block production.
The production from Tal is expected to reach 8,600 BOPD of oil and 367 MMCFD of gas by December 2011 as compared to 3,700 BOPD and 190 MMCFD recorded in the financial year 2010.
Oil and gas production of the company is expected to boost at a five-year compound annual growth rate of 9.4 percent from

Fish production up, prices also up

LAHORE: The price of fish has risen considerably despite increased production this year. The price of fish ranges between Rs 150 to Rs 350 per kg, depending upon the size and type.
Put in comparison to last years prices when prices ranged between Rs 140-320 per kg but production was lower, this year’s increase in price is significant. The fish market works by a simple logic: fish of larger size sells more expensive, fish of smaller size sells cheaper.
The varieties popular

Fertiliser production dwindles by 13pc

KARACHI: The total fertiliser off-take dwindled by 13 percent in the first nine months of 2010 and stood at 5.6 million tons in comparison to 6.4 million tons last year, according to the latest fertiliser data released by the National Fertiliser Development Centre.
The decrease was primarily associated with a massive slump in off-take during the month of August following the recent floods in the country.
However, the total fertiliser off-take during the month of September

Pervez Ashraf promises to ramp up power production

ISLAMABAD: Minister for Water and Power, Raja Pervez Ashraf, while discussing achievements of the present government, revealed that 1700 Mega Watt electricity had been added to the system since he had taken charge, and said that a further 1000 to 1200 MW would be installed in the coming three to four months.
Addressing a ceremony, he said that the government was making optimal use of its available resources to overcome the power crisis.
“Power is a public utility and is the

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